Gold futures rise to a four-session high

SAN FRANCISCO (MarketWatch) -- December gold is up $4.70, or 1.1%, at $446.70 an ounce in morning trade -- its highest in four sessions, finding support from further weakness in the U.S. dollar. The gold market is "in overbought territory and, although I won't be surprised to see a move through $445 in the near-term I don't see the market being able to break out above $451 without gold backing up first," said Dale Doelling, chief market technician at Trends In Commodities. "Another break back to the $430 level would allow the market to work off some of the froth and allow it to finally rally to new highs," he said.

Intraday Data provided by SIX Financial Information and subject to terms of use.
Historical and current end-of-day data provided by SIX Financial Information. Intraday data
delayed per exchange requirements. S&P/Dow Jones Indices (SM) from Dow Jones & Company, Inc.
All quotes are in local exchange time. Real time last sale data provided by NASDAQ. More
information on NASDAQ traded symbols and their current financial status. Intraday
data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. S&P/Dow Jones Indices (SM)
from Dow Jones & Company, Inc. SEHK intraday data is provided by SIX Financial Information and is
at least 60-minutes delayed. All quotes are in local exchange time.